Forex broker | |
---|---|
Official website | |
Social network | |
Date of foundation | 1970 |
Head Office | Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and Grenadines |
Company owner | MaxiServices Ltd. |
Types of support | |
Phone Support | |
Languages | English, Spanish, Arabic |
Terminals | MetaTrader 4, WebTerminal MT4, XCritical, MaxiMarkets trading terminal |
Min. first deposit | From 500 USD |
Brokerage commission | No |
Lot size | From 0.1 |
Leverage | Until 1:400 |
Spreads | Fixed, from 2 points |
Free demo account | |
Adjustable | No |
Types of accounts | Demo, Mini, Standard, Silver, Gold, Platinum, ECN |
Peculiarities of trade | MaxiMarkets platform gives you the opportunity to earn in the Forex market anywhere and anytime |
Order execution | Market Execution (at market price) |
Methods of replenishment | Qiwi, RBK Money, Webmoney, Wire transfer, Golden Crown, Yandex.Money, Bank card (Visa/MC) |
Withdrawal methods | Qiwi, RBK Money, Webmoney, Wire transfer, Golden Crown, Yandex.Money, Bank card (Visa/MC) |
Number of assets | 100+ |
Types of assets | Currency pairsMore than 45 currency pairs Stocksaccess to shares of the world's most popular companies Indexesaccess to global markets Productsglobal goods Cryptocurrencyboth the most popular (Bitcoin, Bitcoin Cash, Dash, EOS, Ethereum, Ripple, Litecoin) and lesser-known cryptocurrencies Precious metalsgold and silver Energy Carriersoil, gas, etc. |
Account Currencies | USD |
Liquidity providers | UBS, Goldman Sachs, Barclays |
Mobile apps | |
Weekend trading | No |
Tournaments/competitions | No |
Trader training | Webinars, Q&As, articles, video library, etc. |
Contract Difference Commission | No |
Swaps | Yes |
PAMM trading | No |
Analytics | Forecasts, calendar, charts, news, etc. |
Margin trading | Yes |
Affiliate Program | RegistrationVarious options for cooperation |
Advantages | Convenient deposit and withdrawal system Comfortable platform and user-friendly interface News, forecasts and analytics for traders No commissions or hidden fees Affiliate program, bonuses and promotions 24x7 technical support Personal manager Easy to open and close transactions Instant order execution |
Disadvantages | High threshold to start real trading Imposition of bonuses Technical support does not respond to requests Unprofitable trading signals No data on the availability of the license |
Company requisites | Legal name: MaxiServices Ltd. Legal address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and Grenadines |
Date of update | December 2, 2024 |
Overall assessment | 1.4/10 |
Is MaxiMarkets a Scam? Complete Review and Real Customer Feedback
MaxiMarkets is a high-profile successfully operating since 2008 houses within «MaxiServices» holding group. The broker offers its customers the latest services for trading in the global foreign-exchange market, complete with the updated dealing center, cooperates with financial mass-media actively, specialists of financial risk management and professional traders work for it.
However, is MaxiMarkets a scam or a respectable company, which you can trust? We answer this question in the detailed overview of the broker.
MaxiMarkets – one of the most informatively active companies. Analysts of the companies attend the Supervisory Council SRO RCFT. MaxiMarkets partners are the powerful financial structures («IAFT», «123Service» holding croup, «AKBR»). Analytical materials of the broker are used by financial market leaders (Bankir.ru, VestiFinance, Investing.com, InvestForum, TatCenter and other). With the team of the brand there are leading financial analysts and experts of economical sciences, this allowed getting the keen perception of financial markets and sterling serviceс.
MaxiMarkets – is a contemporary Forex broker, which mission is to provide the quality services for online trading. The broker offers safe terminal for trading MetaTrader, most popular by traders, there is also its own robust platform, which let you work quickly with the wide range of tools, execute transactions involving monetary resources, get latest information.
Over 100 financial tools are waiting for the company customers (currency pairs, precious metals, energy, indexes, basic stores etc.). For smooth 24 hours trading you may use free sms-signals, daily analytics, video-forecasts, training toolkits, video lessons (including the unique training program “One on one” with custom-tailored approach), account manager support and many others). It is safe to say that broker set itself up for determined effort suggesting maximum solutions for those Forex traders who came to make good money. Not merely professionals feel comfortable working with it but also binary novices, getting here the invaluable trading experience, taking advantage of tutorials and free books.
Deposit and withdrawal
MaxiMarkets offers advanced capabilities for deposit and withdrawal. To deposit on your account you need to sign up by the broker, add funds, choose the convenient transaction way (minimum deposit is 500$). For withdrawal the trader may use also the current payment systems — from usual plastic cards to electronic wallets:
- Yandex Money,
- WebMoney,
- RBK Money,
- QIWI,
- Moneybookers,
- Zolotaya korona,
- Blitz,
- Western Union,
- Bank transfers, as well as plastic cards MasterCard and VISA etc.
The funds are available for trading right after the payment. The withdrawal is possible for authorized traders only, taking usually from some hours to three days. There are no withdrawal commissions, neither the transfer restrictions.
Complaint against MaxiMarkets
Despite of MaxiMarkets impressiveness, its transparent policy, proving its image and success there is absolutely different feedback in Internet, both positive and negative. Some traders point among advantages the good training base which is ideal for novices, professional analytics, detailed sms-signals, professional service, quick payouts, convenient personal account and terminal.
However there are the issues, too, which are enough in Internet today: the high market entry threshold to real trading (500$), the website is user unfriendly, withdrawal issues, touting unfavorable bonuses by managers, unprofitable trading signals, support service issues (does not work, does not react on requests). Besides MaxiMarkets does not follow the feedback in Internet, traders point this, too.
To avoid negative dealing with the broker, verify the account fully, study the bonus provision conditions carefully as well as withdrawal procedure.
Generally, despite of the sheer number of different feedback, MaxiMarkets operates in the financial service market effectively enough, to be sure, it has absolutely serious intentions. It is to be hoped that the company plans its service enhancement and following feedback from traders.
MaxiMarkets is it a scam?
MaxiMarkets is quite ambitiously represented in the financial market and reveals advanced trading capacities. The broker houses within the mighty financial structures (Bankers’ Association, Association of regional banks etc.), among its partners there are powerful financial structures, its analytical materials are being used by financial market leaders (Bankir.ru, VestiFinance and others). Everything points to the fact that we face not a smalltimer but a complicated structure performing a certain mission.
The company operates successfully around the globe, offers the quality service and innovative trading capabilities, getting various feedback. One of the positive factors is providing safe products for trading: popular Метатрейдер platform (4 and 5), as well as its own robust terminal. The development of its own platform is its significant advantage proving that the company is ready to invest a lot into the quality and advanced trading capabilities, unlike scam artist websites This fact establishes trust.
Informative official website of the broker, bonuses, availability of a cheer number of analytical information materials, accounting system, free demo account, support, professional trainings — ll this proves the considered customer care policy, which is also impossible for scammers. MaxiMarkets is a certified broker officially recognized in several countries, which effects positively the user attitude.
Shall we consider MaxiMarkets scam lottery? We suppose, not. It is proved by almost 10 years of effective cooperation with traders, along with the well established policy with serious entities, partnership with financial market leaders. To avoid issues with the broker, deal with your account manager right, ask him about bonus usage pattern, withdrawal procedure etc.
Broker’s regulator
MaxiMarkets belongs to the international financial holding group MaxiServices Ltd, registered in Great Britain, it performs its activity under English regulations.
The broker houses within IAFT, Association of regional banks ASROS, Bankers’ Association (ARB, No. 1800, ARBR No. 581), is a member of Financial Commission (FinCom), cooperates with mighty financial structures and media outlets. All this speaks for the transparency of its activity and secures the trading safety and credibility.
MaxiMarkets bonuses
Each company trader may get 2 types of bonuses:
1) «Bonus 30%» to the first deposit amount. To get the bonus you need to add funds on your real account (at least for 1 000$), send the supporting documents to the broker. After that the bonus is available for trading. Ask your account manager about the offer conditions.
2) Hedging. The broker is ready for 100% reimbursement of the total loss. This is a sterling opportunity to get funds to your account in case of bad buys. Ask your account manager about the offer conditions.
Conclusion
MaxiMarkets brokers operates quite successfully in the financial service market for almost 10 years already. The company pays great attention to the traders training, innovations and service quality, what is pointed in its positive feedback. The broker established effective partnership with the mighty financial institutions, holds licenses, cooperates with the powerful media outlets providing analytics. However there is the negative feedback from traders in Internet, which the company is supposed to follow changing the situation for better and keeping its service enhancement.
We point also that the broker has a solid image, proves the professionalism and reliability, so today we will not consider MaxiMarkets a scam artist. But the feedback from traders we expect for this review may not merely effect the broker rating and status, but warn the market players from potential problems.
Reviews
- New2
- Resolved0
- Not resolved2
MaxiMarkets reviews